502 Locust StPennPA15675
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Penn at 502 Locust St, Penn, PA, 15675 with 5% annual appreciation on a $105,000 basis while $1,511/mo rent supports operations. Total monthly income totals $1,511/mo and a $514/mo payment preserves $823/mo for cash returns. Annual cash flow comes to $9,874/yr on $34,808 deployed, and return on cash invested reaches 48.28% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 17.27%. Five-year ROI measures 255.47% and total cumulative return in cash totals $88,922.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,511/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15675, Penn, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 469 (100%) |
| Owner Occupied HU | 314 (67.0%) |
| Renter Occupied HU | 113 (24.1%) |
| Vacant Housing Units | 42 ( 9.0%) |
| Median Home Value | $185,000 |
| Average Home Value | $254,156 |
Housing Distribution
Address Breakdown
Residential
356
Single Family
356
Multi-Family
0
Businesses
27
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Listed by: Kaylynn Piper • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1666023
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.